Serbian oil company NIS has recently come under intense scrutiny amid evolving international sanctions and market shifts. Reliable sources, as reported by Reuters, confirm that the company is struggling with oil procurement from foreign traders. Meanwhile, its former clients are actively seeking alternative fuel suppliers—a reaction spurred by the anticipated impact of U.S. sanctions. Among the notable aspects of NIS is its close relationship with Russian giants Gazprom Neft and Gazprom, positioning it as one of the last major Russian oil assets in Europe.
Over the past few years, renewable energy sources (RES) have shown remarkable growth, solidifying their position in the global energy sector. According to a recent report by the Ember think tank, renewable energy accounted for a record 32% of global electricity generation last year. However, overall electricity demand has continued to rise, driven by extreme weather events and the energy needs of data centers.
In recent years, energy security and the diversification of gas supply sources have become increasingly important topics. In this context, Qilak LNG is actively pursuing its liquefied natural gas (LNG) production project in Alaska. The initiative has gained support from the administration of U.S. President Donald Trump, which is keen to boost gas exports to Asian markets.
